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Trump fires TVA board chair after outsourcing uproar

President Donald Trump on Monday announced that he was removing the Tennessee Valley Authority’s board chairman, Skip Thompson, an Alabamian.

Thompson, a resident of Decatur, is the president and CEO of Corporate Billing, a subsidiary of Birmingham-based National Bank of Commerce. He previously served as the president and CEO of both First American Bank in Decatur and First Commercial Bank in Huntsville, as well as serving on the board of Decatur Utilities.

Trump appointed Thompson to the TVA board in 2018. He was elected chairman of the board last year.

The president on Monday cited TVA’s plan to outsource information technology jobs overseas as the reason for firing Thompson and one other board member. Trump warned the other board members that they would be next if the outsourcing continued. The president also called on them to replace the organization’s CEO, who Trump said was making far too much money.

The president added, “Let this serve as a warning to any federally appointed board: If you betray American workers, you will hear two words: ‘You’re fired.’”

The TVA is the electricity provider for much of North Alabama. Self-described as “a corporate agency of the United States,” it is regulated at the federal level and not under the jurisdiction of the Alabama Public Service Commission.

Congressman Mo Brooks (AL-05) applauded Trump’s move on Monday.

“TVA fires AMERICANS & hires cheap foreign labor,” the North Alabama congressman tweeted. “TVA executive salaries EXORBITANT. TVA=NO competition, unlike private sector execs who compete to earn profits to earn pay… WAY TO GO [President Trump]!”

RELATED: Doug Jones: ‘The TVA has lost its way’

Sean Ross is the editor of Yellowhammer News. You can follow him on Twitter @sean_yhn

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